TUCSON, Arizona (Sept. 2, 2026) — Union Financial Management Services LP of Tucson and additional purchasers acquired the Rita Road Cultivation Center at 8000 S. Rita Road in southeast Tucson for $6.48 million. The seller was Jensen Investments LLC of Ankeny, Iowa.
The transaction closed August 25, 2026. The purchase price equates to approximately $163.12 per square foot for the 39,726 square feet of improvements.
Built in 2019, the metal industrial facility occupies a site of 15.74 acres in the Rita Ranch area. Its warehouse and office space were designed and built for indoor medical marijuana cultivation and production…